425 Walmer Rd 8B
Forest Hill South, Toronto, M5P 2X9
FOR SALE
$2,195,000
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Property Description
Seize this rare opportunity to own 3,200 sqft of luxury living at an incredible value, priced at under $700 per sqft. This spacious unit, located in a prestigious boutique building, offers 2 parking spaces & the convenience of direct elevator access right into your home. With 9-foot ceilings throughout & expansive south and east exposures, the natural light pours in so generously you might need sunglasses indoors. Enjoy all the upscale amenities of an exclusive building, including a concierge, gym, spacious party room, private locker room, rooftop terrace, & more. Spanning 2 levels, this residence boasts a grand primary bedroom suite featuring 2 double closets, a large W/I closet, & his-and-hers ensuite bathrooms. In addition, there are 2 generously sized bedrooms with double closets, plus an additional room that can serve as an office or a small bdrm. The main level is designed for both living & entertaining, offering a combined living & dining rm, along with a family room that could alternatively serve as a formal dining area or be transformed into an open-concept kitchen/family room. Located in the heart of Forest Hill, few condos in Toronto can match the luxury & convenience of 425 Walmer Road, with only 17 units in total. The building is impeccably maintained with recently updated common areas, including the lobby, party room, & elevators. It's an absolute pleasure to show, with a pet-friendly policy that allows 1 dog under 25 pounds or 2 cats. Situated at the intersection of Walmer and St. Clair, this prime location is directly across from Winston Churchill Park & just 250 meters from the St. Clair West Subway and Loblaws shopping complex. Concerned about stairs? We have an elegant solution. Please see the last photo in this listing, showcasing a Navib Elevator lift that can be seamlessly installed in the double-height stairwell. Manufactured in India, these air lifts are both stylish & affordable, adding future value to this exceptional unit
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-02 | 2024-09-02 | 123 | $2,495,000 | - | Terminated |
| 2024-01-10 | 2024-05-02 | 113 | $2,750,000 | - | Terminated |
Extras
A full brochure is available upon request. Direct elevator access w/ circular stair to upper level. Separate heating & A/C on each level. Roof terrace, ensuite garbage chute, 2 car pkg, fabulous party rm, recently renovated common areas.
Nearby Intersections
Property Features
Electric Car Charger, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
3000-3249
Taxes
$8,328 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive (P3)
Parking 2
Exclusive (P3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 19.23' x 20.24' | Hardwood Floor, B/I Bookcase, Picture Window |
| Dining | Main | 14.21' x 16.86' | Broadloom, B/I Closet, Combined W/Living |
| Family | Main | 12.01' x 19.85' | Hardwood Floor, French Doors, Picture Window |
| Kitchen | Main | 11.42' x 12.01' | Ceramic Floor, Granite Counter, Combined W/Br |
| Breakfast | Main | 8.50' x 12.30' | Ceramic Floor, Combined W/Kitchen, Picture Window |
| Laundry | Main | 7.68' x 11.32' | Ceramic Floor, Laundry Sink |
| Prim Bdrm | Upper | 16.21' x 17.65' | W/I Closet, 3 Pc Ensuite, 4 Pc Ensuite |
| 2nd Br | Upper | 9.81' x 10.73' | Broadloom |
| 3rd Br | Upper | 10.73' x 14.90' | Broadloom, Double Closet |
| 4th Br | Upper | 14.27' x 14.86' | Broadloom, Double Closet |
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Toronto Market Statistics
Toronto Price Trend
425 Walmer Rd 8B is a 4-bedroom 4-bathroom condo listed for sale at $2,195,000, which is $1,530,000 (230.1%) higher than the average sold price of $665,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom condo in Toronto declined by $19,285 (2.8%) compared to the previous 30 day period (July 20 - August 18) and down $362,000 (35.2%) from the same time one year ago.Inventory Change
There were 7 4-bedroom condos listed in Toronto over the last 30 days (August 19 - September 17), which is up 40.0% compared with the previous 30 day period (July 20 - August 18) and up 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom condos in Toronto typically sold ($34,900) (5.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,988 decrease compared to the previous 30 day period (July 20 - August 18) and $27,200 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom condos in Toronto over the last 30 days (August 19 - September 17) stood at 85.7%, down from 140.0% over the previous 30 days (July 20 - August 18) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom condo in Toronto stood at 37 days when successfully sold over the last 30 days (August 19 - September 17), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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